4651 Nicollet AveMinneapolis, MN 55419

For Sale
$15,500,000

New 45-unit apartment complex, prime location.

Overview

Added:
Feb 3
Days on market:
38
This exceptional investment opportunity presents a brand-new, multi-unit luxury apartment complex located at 4651 Nicollet Avenue in Minneapolis' desirable Tangletown neighborhood. The property sits on a 0.12-acre lot and boasts a total of 45,900 square feet of space. The development offers unparalleled flexibility, allowing for configurations ranging from two twelve-unit buildings to a single forty-five-unit building. Each unit is designed with modern living in mind, featuring contemporary finishes, open-concept layouts, and large windows that flood the spaces with natural light. A variety of floor plans are available, including studios, one-bedroom, and two-bedroom apartments, catering to a diverse range of renters. Sustainability is a key feature, with the building incorporating eco-friendly materials and energy-efficient systems to minimize environmental impact. Smart home technology is integrated throughout, including smart thermostats, keyless entry, and high-speed internet connectivity, enhancing both convenience and appeal to modern tenants. The property's prime location provides convenient access to public transportation, major highways, and downtown Minneapolis, while also being close to parks, schools, and recreational facilities. This development is ideally suited for investors seeking a high-demand rental property in a thriving area, offering attractive rental yields and significant potential for long-term appreciation. The asking price for this exceptional property is $15,500,000. Further details are available upon request.

Property Details for 4651 Nicollet Ave

Property type
Other commercial real estate
Square Feet
45,900 SF
Year Built
2025
Lot Size (sq. ft)
5,227 SF

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.91795
Longitude
-93.27773
4651 Nicollet Ave, Minneapolis, Minnesota

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4651 Nicollet Ave
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